Cryptocurrencies Rally as Memorial Day Weekend Begins.

Bitcoin, Ethereum, and Dogecoin are trading under descending trend lines, which have been holding the cryptos down since May 6. Bitcoin and Ethereum rejected the trend line during Friday's session, but if they can break above it, a big reversal could be on deck. Dogecoin formed a double bottom pattern on May 11 and May 25 near 7 cents and was attempting to break higher on Friday. Traders and investors will be watching the crypto sector over the long weekend for an indication as to how the stock market may behave next week.